U.S. · Tax forms
Form 1120 Schedule J line 17, tax deposited with Form 7004.
Schedule J, line 17 is not page 1, line 17. See what the 2025 form puts there.
Schedule J, line 17 (“Tax deposited with Form 7004”) is a payment line: enter the tax deposited with the corporation’s Form 7004 extension request. On page 1, line 17 is “Taxes and licenses,” a deduction, which is a different line.
Look up a payment line
Result
Schedule J payment lines, 2025 form
| Line | Meaning | What the IRS says |
|---|---|---|
| Line 13 | Preceding year’s overpayment credited to the current year | Payment |
| Line 14 | Current year’s estimated tax payments | Enter any estimated tax payments for the current tax year |
| Line 15 | Current year’s refund applied for on Form 4466 | Shown in parentheses as a reduction |
| Line 16 | Reserved for future use | Left blank |
| Line 17 | Tax deposited with Form 7004 | Tax deposited when requesting the automatic extension of time to file |
| Line 18 | Withholding | Federal income tax withheld, for example under backup withholding |
| Line 19 | Total payments | Combine lines 13 through 18 |
| Page 1 line 17 | Taxes and licenses | A deduction line on page 1, not a payment |
An extension to file is not an extension to pay
The instructions say to file Form 7004 to request an automatic extension of time to file, generally by the regular due date of the return. They also say the corporation must generally pay any tax due in full no later than the due date for filing its return, not including extensions, and that interest is charged on taxes paid late even if an extension of time to file is granted.
Where line 17 fits
Schedule J line 19 combines lines 13 through 18. Line 23 then combines lines 19, 21, 22a and 22b and is entered on page 1, line 33, which is compared with total tax on line 31.
The page 1 trap
Page 1, line 17 is “Taxes and licenses,” where the instructions say to enter taxes paid or accrued during the tax year, but not federal income taxes. A search for “line 17” on Form 1120 can mean either line.
Worked example
Pine Harbor Logistics, Inc. (made up) deposited $30,000 with its Form 7004 (line 17), made $12,000 of estimated tax payments (line 14) and had $500 withheld (line 18). Line 19 is 30,000 + 12,000 + 500 = $42,500, before any refundable credits on line 21. Names and figures are made up.
More line pages in this set
Related lines: Form 1120 Line 11, Form 1120 Line 26, Form 1120 Line 28, Form 1120 Line 29a, Form 1120 Line 30, Form 1120 Schedule J Line 12, Form 1120 Schedule J Line 18.
Sources
- Instructions for Form 1120 (2025): the line-by-line instructions on this page. Page last reviewed or updated April 30, 2026. Read November 2, 2026.
- Form 1120 (2025), U.S. Corporation Income Tax Return: the printed line wording and arithmetic on the form (Form 1120 (2025), created 9/26/25). Read November 2, 2026.
Tax year 2025 forms and instructions: Form 1120 (2025) and its 2025 instructions. Line numbers and labels were read from the IRS PDF and instructions on the date read and can change between tax years, so check them against the form for your year. Names in worked examples are made up.
Frequently asked questions
What is Form 1120 line 17 on Schedule J?
Tax deposited with Form 7004, the application for an automatic extension of time to file.
Is page 1 line 17 the same thing?
No. Page 1, line 17 is Taxes and licenses, a deduction. Schedule J, line 17 is a payment.
Does Form 7004 extend the time to pay?
The instructions say it extends the time to file. The corporation must generally pay any tax due by the due date for filing the return, not including extensions, and interest is charged on late-paid tax even with an extension.
How are payments totaled?
Schedule J, line 19 combines lines 13 through 18. Refundable credits and other amounts are added on lines 21 through 23.
When is Form 7004 due?
The instructions say the corporation must generally file Form 7004 by the regular due date of the return.
Not tax advice
This page summarizes IRS instructions, mostly written for the people who prepare the form, and is not tax, legal or financial advice. A CPA or an enrolled agent can confirm what a line means for your return. Everything runs in your browser; nothing you enter is sent anywhere.